Installing Heat Pumps for our Entire House

User: tmem@hiportals.com

Vendor: Drive Green - Green Energy Consumers Alliance

Action: 2558 - HUGE Heat Pump rebates!

I was talking to a neighbor, who is an environmentalist, about the heat pumps we just installed and he didn't know about the rebates the State of MA has. So just thought I'd let folks know (if you don't know already) that if you install heat pumps for your whole house you can get a rebate from the State of MA for $10K (less but still significant for partial home installation). This puts a big dent into the cost of the installation.

Heat pumps provide very efficient A/C in the summer and heat in the winter. Most can operate down to -15 degrees Fahrenheit.

Heat pumps are 70% more efficient than oil and 30% more efficient than natural gas, and if you get your electricity from renewable energy sources you are cutting your carbon footprint significantly.

For our installation, the $10K was more than 50% of the total price, $18K. In addition, you can get the remainder financed at 0% for 7 years with a HEAT LOAN (took 3 days to apply and close on the loan).

You can wait for the new federal climate bill to kick in to provide new incentives for heat pumps, but we saved about $700/year in oil when we got our first heat pump in 2018 (and that is with much lower oil prices).   

Links: https://www.masssave.com/en/saving/residential-rebates/air-source-heat-pumps

Heat Loan: https://www.masssave.com/saving/residential-rebates/heat-loan-program/

Take care - Tien